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Interest Rate

The interest rate on all taxes collected or administered by the Department of Revenue is 7.25%, effective July 1, 2013 through June 30, 2014. The interest rate for installment payments is 10.25%, effective July 1, 2013 through June 30, 2014.

The interest rates effective for July 1, 2012 through June 30, 2013 were also 7.25% and 10.25%.